Alliant Energy (LNT) FY2023 results: revenue $4.0 billion, down 4.2% on the year
Alliant Energy Corp. (LNT) reported revenue of $4.0 billion for fiscal 2023, the year ended 31 December 2023, down 4.2% on the year before. Net income was $703 million, up 2.5%, and diluted earnings per share $2.78. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2024.
Revenue
$4.0 billion
-4.2% on the year
FY2016FY2023
Operating margin
23.4%
22.1% a year earlier
FY2016FY2023
Net income
$703 million
+2.5% on the year
FY2016FY2023
Diluted EPS
$2.78
+1.8% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
867
486
582
+78.4%
Capital expenditure
1,731
1,484
1,169
+16.6%
Free cash flow
-864
-998
-587
Free cash flow margin
-21.5%
-23.7%
-16.0%
Cash from investing
-1,401
-933
-728
Cash from financing
573
431
130
+32.9%
Depreciation and amortisation
676
671
657
+0.7%
Share-based compensation
12.0
13.0
14.0
-7.7%
Dividends paid
456
428
403
+6.5%
Dividend per share
$1.81
$1.71
$1.61
+5.8%
Diluted shares, weighted
253m
251m
251m
+0.8%
Shares outstanding at period end
256m
251m
250m
+2.0%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
6,777
6,276
5,990
+8.0%
Non-controlling interest
n/a
n/a
0.0
Debt
9,509
8,718
7,883
+9.1%
Operating lease liabilities
21.0
13.0
12.0
+61.5%
Finance lease liabilities
172
131
11.0
+31.3%
Other liabilities
4,758
5,025
4,657
-5.3%
Total liabilities and equity
21,237
20,163
18,553
+5.3%
Fixed assets
17,157
16,247
14,987
+5.6%
Investments
602
559
517
+7.7%
Cash and equivalents
62.0
20.0
39.0
+210.0%
Receivables
475
516
440
-7.9%
Other assets
2,941
2,821
2,570
+4.3%
Total assets
21,237
20,163
18,553
+5.3%
10-K for the year ended 31 December 2023, filed 16 February 2024: the filing.